Corby Spirit Ownership
| CSW-A Stock | CAD 12.47 0.09 0.72% |
Shares in Circulation | First Issued 1996-12-31 | Previous Quarter 28.5 M | Current Value 28.5 M | Avarage Shares Outstanding 28.3 M | Quarterly Volatility 477.1 K |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Corby |
Corby Stock Ownership Analysis
About 52.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.97. Some equities with similar Price to Book (P/B) outperform the market in the long run. Corby Spirit last dividend was issued on the 11th of September 2024. The entity had 4:1 split on the 24th of February 2006. Corby Spirit and Wine Limited manufactures, markets, and imports spirits and wines. Corby Spirit and Wine Limited is a subsidiary of Hiram Walker Sons Limited. CORBY SPIRIT operates under BeveragesWineries Distilleries classification in Canada and is traded on Toronto Stock Exchange. For more info on Corby Spirit and please contact Nicolas Krantz at 416 479 2400 or go to https://www.corby.ca.Pair Trading with Corby Spirit
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Corby Spirit position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Corby Spirit will appreciate offsetting losses from the drop in the long position's value.Moving against Corby Stock
| 0.75 | RY-PS | Royal Bank | PairCorr |
| 0.71 | NA | National Bank | PairCorr |
| 0.68 | FFH-PC | Fairfax Fin Hld | PairCorr |
| 0.65 | BMO-PE | Bank of Montreal | PairCorr |
| 0.61 | RY | Royal Bank | PairCorr |
The ability to find closely correlated positions to Corby Spirit could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Corby Spirit when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Corby Spirit - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Corby Spirit and to buy it.
The correlation of Corby Spirit is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Corby Spirit moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Corby Spirit moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Corby Spirit can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Corby Stock Analysis
When running Corby Spirit's price analysis, check to measure Corby Spirit's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Corby Spirit is operating at the current time. Most of Corby Spirit's value examination focuses on studying past and present price action to predict the probability of Corby Spirit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corby Spirit's price. Additionally, you may evaluate how the addition of Corby Spirit to your portfolios can decrease your overall portfolio volatility.